Wine Industry News

  • 237-year-old bottle of wine fetches record price

    An amateur wine group has paid a record $77,000 for a 237-year-old bottle of wine from France's eastern Jura region at a local wine festival auction. "Finally, yellow wine has hit the big leagues," said wine festival founder Bernard Badoz of Jura's trademark beverage. "To sell a bottle for 57,...
  • Portugal: Splendid isolation

    Spanish wine may have been riding the crest of a fashionable gastronomic wave, but in many ways Portugal has more to offer the discriminating wine drinker – certainly far more indigenous grape varieties.Not before time, the Portuguese are making a determined effort to tell the outside world just h...
  • Outcome of federal court case could sour New Jersey's wine industry

    The New Jersey wine industry has just experienced a decade of unprecedented growth. Garden State winemakers have begun winning awards in national competitions, and 2010 may be the best vintage year in the state's history. And local growers could not be more worried. The future of New Jersey's ...
  • Lion Nathan USA buys Sonoma’s MacRostie Winery and Vineyards

    Lion Nathan USA Inc. has purchased Sonoma’s 24-year-old MacRostie Winery and Vineyards for an undisclosed amount, the acquiring wine company said Friday. MacRostie, which specializes in “cool-climate” wines such as Sonoma Coast chardonnay and pinot noir, was founded in 1987 by Steve MacRostie....
  • Saintsbury Sells Garnet to Vineyard Company

    Longtime grape supplier Silverado Winegrowers to expand the Garnet brand with Monterey label.As yellow sprays of mustard blossomed between rows of Saintsbury Carneros Pinot Noir vines, modern-day Pinot Noir pioneers Richard Ward and David Graves discussed the sale of their signature Garnet wine bran...
  • Regulators Push for Nutrition Label on Beer, Wine, and Spirits

    Ever wonder how many calories are in your glass of wine, bottle of beer or shot of whiskey? With light-beer makers touting calorie content on their brews and controversies over flavored alcoholic drinks such as Four Loco, the federal Tax and Trade Bureau, which regulates alcohol labeling in the U...
  • LVMH: Champagne in short supply

    Champagne supplies are beginning to run dry after the sector staged a 'remarkable' recovery from the economic downturn, according to luxury goods giant LVMH (Moet Hennessy Louis Vuitton). Announcing 19% growth in wine and spirit revenues to €3.26bn during 2010, LVMH chairman and CEO Bernard Arnaul...
  • China’s Fake Ice Wine Epidemic

    Winemakers across the globe are betting that China is the market of the future. The growth in wine consumption and importation there is incredibly rapid. But like any new frontier, the Chinese wine market is a little wild and largely uncharted. One market segment in particular shows the potential pr...

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